Damodar Valley Corporation will build 8,000MW power plants in 7 years

DVC chairman Ramnaresh Singh, the Damodar Valley Corporation (DVC) will invest 60,000 crore to build three brownfield power plants in India with a combined capacity of 8,000 MW over the next seven years. These plants have received permission from the Centre.

In addition to these initiatives, according to Singh, DVC is looking for government approval for a further brownfield project. "We are constructing two hydel pump storage and battery-powered plants to produce 2,500 MW in Luggu Hill, Gomia, Bokaro (Jharkhand), and Panchet (West Bengal). Additionally, DVC intends to build 2,000 MW ground- and floating-mounted solar power plants inside its operational zones, the man added. He emphasised that the VC is producing its intended 7,000 MW of power. We provide power to countries like Bangladesh in addition to states like Delhi, Jharkhand, Punjab, Haryana, West Bengal, and Gujarat.

He provided information of the forthcoming brownfield thermal power projects in Koderma (Jharkhand), Raghunathpur, and Durgapur (West Bengal) during a visit at the Chandrapura Thermal Power Plant (CTPS). DVC does not intend to build a new thermal power plant at a different location, he clarified. The new facilities will be located within the confines of the current DVC power plants, which have infrastructure for coal, water, and rail.

Additionally, there are proposals to build an 800 MW thermal plant in Chandrapura. At the Chandrapura Thermal Power Plant, the old units are being dismantled to make room for the 800 MW unit, he continued. According to Singh, the DVC meets 4% of the nation's overall energy needs. The company wants to offer electricity at rates that are competitive with those of other power producers in the nation. He guaranteed the DVC had a plentiful supply of coal. Recent discoveries of high-quality coal mines in Tubed, Jharkhand, resulted in the arrival of two shipments of coal from these new mines.